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South Korea to build power and water grids for chip megacluster

Original: South Korea is moving past simple tax breaks to solve its chip crisis. To support an 800 trillion won semiconductor mega

South Korea's government is moving beyond tax incentives to support its semiconductor industry, committing to directly build critical power and water infrastructure for an 800 trillion won chip megaproject. The shift reflects concerns that unreliable utilities could undermine the country's competitiveness as firms like SK Group and HD Hyundai expand AI and chip operations.

Why now: Governments worldwide are racing to secure semiconductor supply chains, and South Korea's direct infrastructure spending marks an escalation in that effort.

South KoreaSK GroupHD Hyundai

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• South Korea is moving past simple tax breaks to solve its chip crisis. To support an 800 trillion won semiconductor megaproject, the government is stepping in to directly build out critical power and water grids. With tech giants like SK Group and HD Hyundai deploying AI… · asiaai · 1

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